Bloomberg Surveillance · Thursday, September 3, 2026
Lauren Moran explains that while developed markets have been less restrained fiscally, emerging markets have shown surprising upside performance. She attributes this to emerging markets exhibiting more typical fiscal and monetary policies compared to developed markets.
“It's challenging because developed markets as a whole have been less restrained in terms of their fiscal largesse. Emerging markets have certainly seen performance that is really surprised to the upside. And I think that's really a tale of the dichotomy, which is you're seeing much more typical fiscal and monetary policy from emerging markets than you are from developed markets now.”